(a) In this subtitle the following words have the meanings indicated.
(b) “Fair market value” means the value established by a contract or by the Department for a loss of grain at the time of the loss.
(c) “Grain” means:
(1) Corn;
(2) Wheat;
(3) Rye;
(4) Oats;
(5) Barley;
(6) Sorghum;
(7) Soybeans; and
(8) Sunflowers.
(d) (1) “Grain dealer” means a person who is in the business of buying, receiving, exchanging, or storing grain from a person who grows grain.
(2) “Grain dealer” does not mean a farmer who buys, receives, exchanges, or stores grain for use in the farming business of that farmer.
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